Loan Officer

Loan Officer

Cheltenham Full-Time 42000 - 60000 £ / year (est.) No home office possible
H

At a Glance

  • Tasks: Manage loan operations and ensure accurate processing of various loan products.
  • Company: Join HSBC, a leading global bank with endless career opportunities.
  • Benefits: Enjoy a hybrid work model and competitive pay of £250 per day.
  • Why this job: Be part of a dynamic team that drives operational excellence in banking.
  • Qualifications: Experience with Loan IQ and strong organizational skills are essential.
  • Other info: This is a 12-month contract role with potential for growth.

The predicted salary is between 42000 - 60000 £ per year.

Loans Administration Officer

London/Hybrid (2 days)

12 Months

£250 p/d PAYE

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Loans Administration Officer.

Role purpose:

The Supplier Manager is a contract role expected to provide Subject Matter Expertise across Third Party Management for our most Material and complex Third Parties. The role will support the uplift of engagements with strategic Third-Party technology service providers to align with the standards set out in HSBC Technology Governance Framework and work with key stakeholders to drive improved operational resiliency and service delivery in a commercially optimal manner.

Key Accountabilities:

Loan Operations is responsible for the servicing and processing of all loan products offered to HSBC Innovation Banking clients.

Reporting to the Senior Loan Operations Manager, the role will focus on the full range of loan products to be offered by the bank, including term loans, revolving lines of credit, bridging loans, receivables financing, overdrafts in both Bi-lateral and syndicated loans.

The role encompasses and has the following principal responsibilities:

  • Manage the ongoing lifecycle events of Agency and bi-lateral transactions working closely with our front office stakeholders and Transaction Management Group (TMG)
  • Recording new loan account details on all relevant bank systems, by accurately and promptly referring to; Documented credit decisions, including security requirements and other terms and conditions; Loan application form details and client instructions and details; pre-defined process and procedural instructions; Documented product definitions.
  • Ensure that ongoing client account instructions are implemented efficiently and accurately, and critically, in the best interests of the client and the bank. This includes facilitating loan draw downs, repayments, and settlements, Applying account fees and charges in a timely and accurate manner.

Experience / Knowledge:

  • Understanding of LMA and LSTA style Loan documentation.
  • Attention to detail.
  • Strong organizational/prioritization skills.
  • Loan IQ experience is essential for this role.

Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days then we will not be progressing with your application. Thank you for your understanding

Loan Officer employer: HSBC Innovation Banking

At HSBC, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London/Hybrid location provides the perfect balance of flexibility and engagement, allowing you to thrive in your role as a Loans Administration Officer while enjoying opportunities for professional growth and development. With competitive pay and a commitment to employee well-being, HSBC is dedicated to helping you achieve your career aspirations in a supportive environment.
H

Contact Detail:

HSBC Innovation Banking Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Officer

✨Tip Number 1

Familiarize yourself with LMA and LSTA style loan documentation. Understanding these frameworks will not only help you in the interview but also demonstrate your expertise in loan operations.

✨Tip Number 2

Highlight your experience with Loan IQ in your discussions. Since it's essential for this role, showcasing your proficiency can set you apart from other candidates.

✨Tip Number 3

Prepare to discuss specific examples of how you've managed the lifecycle events of loans in previous roles. This will show your practical knowledge and ability to handle similar responsibilities at HSBC.

✨Tip Number 4

Network with current or former employees of HSBC, especially those in loan operations. They can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

We think you need these skills to ace Loan Officer

Loan Operations Management
Attention to Detail
Strong Organizational Skills
Prioritization Skills
Loan IQ Experience
Understanding of LMA and LSTA Documentation
Client Relationship Management
Operational Resiliency
Service Delivery Optimization
Communication Skills
Problem-Solving Skills
Financial Analysis
Documentation Accuracy
Stakeholder Engagement

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Loans Administration Officer position at HSBC. Understand the key responsibilities and required skills, especially focusing on loan operations and documentation.

Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have with loan products, particularly in managing lifecycle events of loans. Mention your familiarity with LMA and LSTA style loan documentation.

Showcase Attention to Detail: Since attention to detail is crucial for this role, provide specific examples in your application that demonstrate your ability to manage complex information accurately and efficiently.

Tailor Your Application: Customize your CV and cover letter to reflect the language and requirements mentioned in the job description. Use keywords related to loan operations and client account management to make your application stand out.

How to prepare for a job interview at HSBC Innovation Banking

✨Understand Loan Documentation

Make sure you have a solid grasp of LMA and LSTA style loan documentation. Be prepared to discuss how these documents impact the loan lifecycle and your previous experiences with them.

✨Showcase Your Attention to Detail

During the interview, highlight specific examples where your attention to detail made a significant difference in your work. This role requires precision, so demonstrating this skill will be crucial.

✨Demonstrate Organizational Skills

Be ready to talk about how you prioritize tasks and manage multiple responsibilities. Share strategies you've used in the past to stay organized, especially in high-pressure situations.

✨Familiarize Yourself with Loan IQ

Since Loan IQ experience is essential for this role, ensure you can discuss your familiarity with the software. If you have specific examples of how you've used it effectively, be sure to mention those.

Loan Officer
HSBC Innovation Banking
H
Similar positions in other companies
Europas größte Jobbörse für Gen-Z
discover-jobs-cta
Discover now
>